Mortgage and Financial News From 2008-7-21 Page 3
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Asian markets mostly lower on profit taking (Nasdaq)
(RTTNews) - The stock markets across the Asia-Pacific region were trading mostly lower Tuesday after Wall Street posted modest losses overnight on the back of a rebound in oil price as well as some disappointing news within the pharmaceutical sector.
2008-07-21 07:49:21 -
Families Make A Pledge To Reduce Materialism (Hartford Courant)
Give up worldly goods and help save the Earth. Oh, and save lots of money. As the economy worsens, one group of Americans is turning to an Earth-friendly way of life as a hard-line strategy for saving.
2008-07-21 07:54:26 -
Area mergers and acquisitions are down (The Kansas City Star)
Kansas City area merger and acquisition activity fell in the first half of 2008 compared with a year earlier, but it still exceeded the pace of deals in 2004, 2005 and 2006.
2008-07-21 08:23:53 -
Feds, housing industry have always been in bed together (The Kansas City Star)
There are times in the money-and-how-it-makes-us-behave department when your scrivener simply shakes his head and laughs. This approach is particularly helpful when the world financial system wobbles toward the edge of the abyss.
2008-07-21 08:25:53 -
As Bush prods Congress, U.S. combs 2 mortgage financers (International Herald Tribune)
In a meeting with The New York Times, Treasury Secretary Henry Paulson Jr. said U.S. bank examiners are inspecting the books of Fannie Mae and Freddie Mac.
2008-07-21 08:31:49 -
First Defiance Announces 2008 Second Quarter Earnings - MSN MoneyCentral
- GAAP EPS of $0.34 per share, Core EPS of $0.36 per share for 2008 second quarter DEFIANCE, Ohio , July 21 /PRNewswire-FirstCall/ -- First Defiance Financial Corp. FDEF today announced that net income for its second quarter ended June 30, 2008 ...
2008-07-21 03:56:00 -
Commercial property prices fall in May -Moody's - Reuters
NEW YORK, July 21 (Reuters) - Commercial real estate prices fell 3.5 percent in May, the biggest drop since at least December 2000, as a slowing economy took a toll on property values, Moody's Investors Service said on Monday. Commercial real estate ...
2008-07-21 02:37:00 -
'Perfect con man' gets 10 years for loan scheme - Katu.com
PORTLAND, Ore. (AP) - A former Portland mortgage broker described as "the perfect con man" has been sentenced to 10 years in prison for a $5 million fraud scheme. Clifford Brigham argued he was doing the same thing as many commercial lenders in the ...
2008-07-21 05:29:00 -
Average Aussie mortgage stressed and earning $1124.50 a week - News.com.au
THINK you're an average Aussie? Well, if you earn $1124.50 a week and have a house valued at $458,488, you truly are. Experts have found that the average Aussie is worth just over $250,000, with a mortgage of $341,000 and credit card debt of $3085 ...
2008-07-21 03:56:00 -
As mortgage mess spread, Florida failed - St. Petersburg Times
There is plenty of blame to spread around for the mortgage crisis and the record number of home foreclosures, from greedy mortgage companies to individuals who recklessly bought more house than they could afford to lax federal regulation. Now it ...
2008-07-21 05:00:00 -
Wachovia mortgage unit halting loans via brokers - MSN MoneyCentral
NEW YORK (Reuters) - Wachovia Corp , the fourth-largest U.S. bank, on Monday said its main mortgage unit will stop offering home loans through brokers this week, joining a growing number of lenders to curb wholesale lending. "We thought it was ...
2008-07-21 02:16:00 -
Clean up credit score to land a sweet mortgage rate - USA Today
If you're planning to sell your house in this sluggish housing market, you need to make a good impression. Clean the windows. Wax the floors. Power-wash the cat. If you're a home buyer, you need to do some housekeeping, too. Unless your credit record ...
2008-07-21 05:58:00 -
Online retirement calculators (The Huntington Herald-Dispatch)
Online retirement calculators can help workers determine how much they'll need to save for retirement. For a list of online retirement calculators, go to www.choosetosave.org/calculators.
2008-07-20 06:51:08 -
SUZE ORMAN: Adjust your planning to include climbing energy costs (Detroit Free Press)
Life in a time of persistent inflation requires tinkering with your approach to personal finances. When you're contemplating a major purchase, it's no longer sufficient planning to calculate whether you can afford it today. You need to figure out if you'll be able to afford it in the future given higher operating costs. And inflation is also a big factor in both your job stability and the value ...
2008-07-21 12:29:18 -
Deposit checkups (The Lafayette Daily Advertiser)
The federal takeover of IndyMac, a California-based mortgage lender that had $32 billion in assets, has led a lot of folks to wonder whether their own bank will be the next victim of the credit crunch.
2008-07-21 01:03:24